WASHINGTON, DC — February 3, 2025 — GovExec, the market-leading sales and marketing intelligence company for government leaders and contractors, announced today that it has acquired Federal Business Council (FBC), the trusted resource for the production of government agency events including on-site, in-agency industry expositions, off-site agency conferences, and meetings of all kinds. To date, FBC has conducted more than 5,000 events both nationally and internationally for US government agencies. The financial details of the acquisition have not been disclosed. Tim Hartman, CEO of GovExec, made the announcement, with Peter Goldstone, Chairman of GovExec, serving as an advisor. The deal was made possible with financial support from Growth Catalyst Partners (GCP), a mid-market private equity firm. FBC will continue to operate as an independent division under the leadership of David Powell.

With its track record of producing numerous government agency events, the acquisition offers an opportunity for FBC to scale its events and reach new industry audiences through GovExec’s marketing and digital capabilities. This move aligns with GovExec's extensive experience in providing information to federal managers and its focus on serving the unique needs of public sector employees. The acquisition enables GovExec to offer a more comprehensive suite of products to help federal employees and agencies achieve their missions.

“We have been following FBC’s expansion and been very impressed at their high-quality and impactful events that they have created from scratch as the go-to production arm for many government agencies,” said Tim Hartman, CEO of GovExec. “FBC’s thriving business and well-respected reputation with government agency leaders makes them a very desirable company for us, and they bring complementary skills to our existing capabilities. FBC very much aligns to our mission to serve government through innovative tools, access to more information and education opportunities that enable them to scale and better support their missions.”

“GovExec stands as a leading source of sales and marketing intelligence across federal, state, local, and defense sectors, enabling government and industry collaboration to bring innovative solutions to support government missions effectively. This alignment with FBC’s services to the federal government offers a tremendous opportunity for a unified approach that provides a broader scale of resources and reaches an even wider audience across those in and working with the public sector,” said David Powell, CEO of FBC.

GovExec provides the most cutting-edge sales and marketing intelligence across federal, state and local, and defense. The unmatched suite of tools helps government and industry connect to bring more state-of-the-art innovations to bear to help the government fulfill its mission effectively.

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About GovExec

GovExec’s data and insights set the standard for depth, accuracy, and impact for government leaders and contractors. GovExec provides data-driven strategic sales and marketing intelligence solutions that accelerate revenue growth to fuel market success. The platform is powered by the largest and most sophisticated database in the public sector, reaching over 3.3 million government influencers each month.

About FBC

Federal Business Council, Inc. (FBC) specializes in producing meetings, conferences, and trade show events for Federal Government Agencies, the Department of Defense, and Intelligence Community throughout the United States.  Founded in 1976, FBC is well known for producing on-site, in-agency industry expositions, off-site agency conferences and meetings of all kinds. In fact, FBC has conducted more than 5,000 events for US government agencies.